Base erosion and profit shifting
id:
base-erosion-and-profit-shifting-208-4111763
title:
Base erosion and profit shifting
text:
Base erosion and profit shifting (BEPS) refers to corporate tax planning strategies used by multinationals to "shift" profits from higher-tax jurisdictions to lower-tax jurisdictions or no-tax locations where there is little or no economic activity, thus "eroding" the "tax-base" of the higher-tax jurisdictions using deductible payments such as interest or royalties. For the government, the tax base is a company's income or profit. Tax is levied as a percentage on this income/profit. When that in
brand slug:
wiki
category slug:
encyclopedia
description:
Multinational tax avoidance tools
original url:
https://en.wikipedia.org/wiki/Base_erosion_and_profit_shifting
date created:
2014-10-30T12:18:31Z
date modified:
2024-09-11T07:41:22Z
main entity:
{"identifier":"Q18609502","url":"https://www.wikidata.org/entity/Q18609502"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/6/62/Treasury_Department_rear_view.JPG","width":3264,"height":2448}
fields total:
13
integrity:
16